Study: Illinois has worst taxpayer ranking, named 28th best state to retire

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ROCKFORD, Ill. (WIFR) -- Illinois received the worst taxpayer ranking in a recent WalletHub study analyzing U.S. states for retirement.

WalletHub reviewed each state for its "Best and Worst States to Retire" study, ranking states based on criteria that make it affordable to retire on a fixed income.

Illinois finished with the worst taxpayer ranking, but 28th overall for best state to retire. The state ranked in the top half of the nation for property-crime rate (17), adjusted cost of living (21) and annual cost of in-home services (24).

Florida was named the best place to retire, while Kentucky finished last in the rankings.

To view the complete study, click here​.